News

A senior West Midlands councillor has urged ministers to delay implementing the new-look Local Government Pension Scheme.

Administration software provider Profund Solutions has acquired pensions accounts specialist Aviary for an undisclosed sum.

The government is to clamp down on firms abusing tax relief rules for large employer pension contributions by routing them through a new company.

Alexander Forbes Financial Services is running a series of free employee benefit seminars throughout the UK next month.

Premier Pension Services is surveying independent financial advisers to assess self-invested personal pensions.

INCLUDING: ASIA-PACIFIC - Watson Wyatt appoints new regional MD; AUSTRALIA - ING's new deputy CEO; GERMANY - New trustee business; US - Online calculator launched;

BELGIUM - The Dutch ministry of social affairs and employment has denied there is a hostile row between Belgium and the Netherlands because of Belgium's status as the sole host for pan-European pension funds.

Trustees will face far tougher laws on the personal details they hold on members later this month, law firm Hammonds warns.

More than 90pc of trustees feel increasing levels of accountability are making life difficult, research reveals.

FUNDS invested in the Ascentric Wrap have reached £175m - up £75m in less than three months.